Benchmark International facilitates the acquisition of A-B Concrete Coring Company by A-Core Concrete Specialists, creating a stronger concrete contracting entity.
Benchmark International facilitated the acquisition of A&B Concrete Coring Company by A-Core Concrete Specialists, according to a recent press release.
This strategic move unites two established family-owned businesses in the concrete contracting industry, creating a stronger entity with a wider range of services.
A-B Concrete Coring, founded in 1969, boasts a rich history of providing high-quality concrete demolition and cutting services throughout the south-central United States.
Their expertise lies in core drilling, flat sawing, wall sawing, and various sawing techniques for industrial and commercial clients.
A-Core Concrete Specialists, established in Utah in 1974, shares a similar family-owned business model and culture. They offer a comprehensive range of concrete services encompassing cutting, drilling, pouring, demolition, and more.
Additionally, A-Core provides specialized services like GPR scanning, grinding and grooving, joint sawing and sealing, and slab panel replacement, making them a true one-stop shop for concrete solutions.
Benchmark International's role in this transaction proved crucial. Their multi-medium marketing strategies identified several potential buyers, but A-Core emerged as the perfect fit due to their shared values and complementary service offerings.
"It is always great when a client finds their perfect buyer," commented Haden Buckman, Transaction Associate at Benchmark International. "We thoroughly enjoyed working with both parties throughout the process and wish them the best in the future."
This acquisition positions A-Core for significant growth by expanding their service portfolio and geographic reach.
A-B Concrete Coring's established client base and expertise in specific cutting techniques will further solidify A-Core's presence in the south-central United States.
By combining their strengths, they can now offer a wider range of solutions to a larger customer base.
Benchmark International's proven M&A expertise played a vital role in bringing these two companies together.
With over $11 billion in transaction value across various industries, their global network and decades of experience ensure successful outcomes for business owners.
Benchmark International has been recognized as a top M&A firm by The M&A Advisor, the Global M&A Network, Pitchbook, and Refinitiv.